HomeMy WebLinkAboutResolution 5925
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RESOLUTION No. 5925
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING SEVERANCE PACKAGES FOR WILLIAM HANSON
WHEREAS, William Hanson has served the City of Mounds View for 30 years;
and
WHEREAS, William Hanson's last day of employment with the City was on
December 31,2002; and
WHEREAS, William Hanson is entitled to the following benefits per the City of
Mounds View Personnel Manual, Section 4.35D Separation Compensation:
. 100% of accrued vacation time calculated at 214.85 hours
o 214.85 hours of vacation x $19.32 per hour=$4,150.90
. Option 1: a lump sum payment of fifty percent of accrued sick leave, or
Option 2: sixty-five percent of sick leave accrued for use toward the retiree's group
health, dental and/or life insurance premiums for as long as the funds are available
up to the retiree's 65th birthday. If Option 2 is elected, these funds may be used only
for the retiree's health, dental and/or life insurance premiums and at no time may
they be taken for cash or for any other purpose.
William Hanson has elected Option 2 which is as follows:
o 1258 hours of accrued sick leave x 65% x $19.32 per hour= $15,797.96
. Total: $19,948.86
WHEREAS, William Hanson is paid from the Water Fund.
NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council
does hereby approve the aforementioned provisions for William Hanson and directs
Staff to move these funds from their respective reserve account to the General Fund for
monthly payout as insurance premiums and a lump sum payment for vacation pay for
Mr. Hanson.
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ATTEST
Adopted this 13th day of January, 2003
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Jerry Link-€: Mayor
SEAL
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James Ericson, Interim City Administrator
Motion: Marty
Seconded: Auick
Linke: Aye
Stigney: Aye
Quick: Aye
Marty: Aye
Gunn: Aye
Resolution 5925
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